Massive price reduction from $3.75M to $2.9M. 21 unit apartment building. Vacant. 10.4% cap rate based on conservative market rents. This building still requires cosmetics upgrades on 17 of the units and 4 units require full kitchen and bathrooms and drywall. The heavy lifting of electrical and plumbing have been done. If you are looking for add value building and a project to work on this is ideal. Located right across Welland River. (36984137)
Property Type
Multi-family
Building Type
Multi-Family
Land Size
Bldg=120 x 165 FT
Annual Property Taxes
$10,204 (CAD)
Time on REALTOR.ca
32 days
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